Industry
Hong Kong legislator Wu Jiezhuang will raise questions in the Legislative Council on the development of stablecoins and initiate a vote
Hong Kong legislator Wu Jiezhuang will raise questions in the Legislative Council on the development of stablecoins and initiate a vote
Hong Kong Legislative Council member Wu Jiezhuang posted on social media today that he will publicly raise a series of oral consultation questions related to "promoting the development of stablecoins" to the Secretary for Financial Services
30 Jun 2025
Ant Digits opens up its core technologies to help Hong Kong build a global digital asset innovation center
Ant Digits opens up its core technologies to help Hong Kong build a global digital asset innovation center
After the Hong Kong SAR government issued the "Digital Asset Development Policy Declaration 2.0", Ant Digits announced today that it will fully open its four self-developed core technologies to the Hong Kong market, covering Layer2 networks
30 Jun 2025
Unisound successfully landed on the main board of the Hong Kong Stock Exchange, starting a new journey in the AI industry
Unisound successfully landed on the main board of the Hong Kong Stock Exchange, starting a new journey in the AI industry
At 9:30 a.m. on June 30, 2025, Unisound Intelligent Technology Co., Ltd. (stock code: 09678.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange, with CICC and Haitong International serving as joint sponsors.The issue
30 Jun 2025
SINOHOPE completed a HK$276 million private placement, and former HashKey executives appeared as the behind-the-scenes subscribers
SINOHOPE completed a HK$276 million private placement, and former HashKey executives appeared as the behind-the-scenes subscribers
SINOHOPE (01611.HK), a Hong Kong-listed company, recently announced that it has reached a subscription agreement with five subscribers to issue a total of 166 million new shares, accounting for 22.08% of the company's enlarged share capital
30 Jun 2025
Redstone Report: RWA tokenization market exceeds $24 billion, becoming the second fastest growing track in the crypto space
Redstone Report: RWA tokenization market exceeds $24 billion, becoming the second fastest growing track in the crypto space
According to an industry report released by Redstone, the tokenization market of real-world assets (RWA) is experiencing rapid growth. Starting from approximately $5 billion in 2022, its market size has soared to more than $24 billion by Ju
30 Jun 2025
BitMart officially applies for virtual asset trading license from the Hong Kong Securities and Futures Commission
BitMart officially applies for virtual asset trading license from the Hong Kong Securities and Futures Commission
According to the latest disclosure on the official website of the Securities and Futures Commission (SFC) of Hong Kong, BitMart, a world-renowned crypto trading platform, has officially submitted an application for a virtual asset trading p
30 Jun 2025
Hong Kong Treasury Secretary: Stablecoins are not a
Hong Kong Treasury Secretary: Stablecoins are not a "tool for making money" and will become an important infrastructure to improve financial efficiency
On June 29, Hong Kong Financial Services and the Treasury Bureau Director Paul Hui emphasized in a TV interview that the development of digital assets is a global trend, and the role of stablecoins should not be misunderstood as a tool for
30 Jun 2025
Yiwu stablecoin cross-border payment practice: a sample of the integration of small commodity trade and blockchain technology
Yiwu stablecoin cross-border payment practice: a sample of the integration of small commodity trade and blockchain technology
In Yiwu, China, the world's largest small commodity distribution center, stablecoins are penetrating into the cross-border trade payment system at an astonishing scale. According to data from blockchain analysis company Chainalysis, the sca
28 Jun 2025
Musk: Grok 4 is progressing smoothly and is expected to be released after July 4 and will start training for specialized programming models
Musk: Grok 4 is progressing smoothly and is expected to be released after July 4 and will start training for specialized programming models
Elon Musk, founder of Tesla and xAI, posted on the social platform X that he and the xAI team worked overnight and the Grok 4 model has made "good progress" and is expected to be officially released after July 4, 2025.Musk also revealed tha
28 Jun 2025
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group (formerly known as BC Technology Group, HKEX stock code: 0863), a comprehensive digital asset service provider, recently announced that it intends to acquire 100% of the shares of Banxa Holdings Inc. (TSXV: BNXA), an Australian li
28 Jun 2025
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